Taxes
- Assessed Value: $48,428
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 073 830 001
- Assessed Land Value: 5390
- Market Land Value: 16170
- Tax Amount: 1307.03
- Tax Year: 2025
- Market Value: 145284
- Market Year: 2025
518 W Cochiti Ave, Hobbs, NM pays taxes in Lea County, NM. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $48,428. The APN we've located for 518 W Cochiti Ave is 4 000 073 830 001.
Unlock the full report| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $48,428 | Land Value $5,390 | Improvement Value $43,038 | Tax Amount $1,307.03 | Change Rate +0.017168% | Assessed CR | Tax Rate +0.026989% |
| Year 2024 | Assessed Value $47,017 | Land Value $5,233 | Improvement Value $41,784 | Tax Amount $1,284.97 | Change Rate +0.016084% | Assessed CR | Tax Rate +0.02733% |
| Year 2023 | Assessed Value $45,648 | Land Value $5,081 | Improvement Value $40,567 | Tax Amount $1,264.63 | Change Rate +0.043304% | Assessed CR | Tax Rate +0.027704% |
| Year 2022 | Assessed Value $45,648 | Land Value $5,081 | Improvement Value $40,567 | Tax Amount $1,212.14 | Change Rate +0.002556% | Assessed CR | Tax Rate +0.026554% |
| Year 2021 | Assessed Value $44,318 | Land Value $4,933 | Improvement Value $39,385 | Tax Amount $1,209.05 | Change Rate +0.015309% | Assessed CR | Tax Rate +0.027281% |
| Year 2020 | Assessed Value $44,318 | Land Value $4,933 | Improvement Value $39,385 | Tax Amount $1,190.82 | Change Rate +0.017456% | Assessed CR | Tax Rate +0.02687% |
| Year 2019 | Assessed Value $44,318 | Land Value $4,933 | Improvement Value $39,385 | Tax Amount $1,170.39 | Change Rate -0.151196% | Assessed CR | Tax Rate +0.026409% |
| Year 2018 | Assessed Value $44,318 | Land Value $4,933 | Improvement Value $39,385 | Tax Amount $1,378.87 | Change Rate | Assessed CR | Tax Rate +0.031113% |
| Year 2017 | Assessed Value $132,954 | Land Value $14,799 | Improvement Value $118,155 | Tax Amount $1,378.87 | Change Rate | Assessed CR | Tax Rate +0.010371% |
| Year 2016 | Assessed Value $132,954 | Land Value $14,799 | Improvement Value $118,155 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $132,954 | Land Value $14,799 | Improvement Value $118,155 | Tax Amount $1,167.34 | Change Rate | Assessed CR | Tax Rate +0.00878% |
| Year 2014 | Assessed Value $132,954 | Land Value $14,799 | Improvement Value $118,155 | Tax Amount | Change Rate | Assessed CR | Tax Rate |